# Need to know: Gas in Winter 2026-27

> World Ports Organization, drawing on Wood Mackenzie analysis, reports that Asia previously imported around 8 of Qatari and UAE LNG exports, and buyers have since scrambled for spot cargoes at elevated prices. Japan and South Korea are switching from gas to coal in power generation, while Europe's storage injections are progressing more slowly this year.

- Date: 2026-11-04 · published 2026-11-05T00:08:03.517Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/80650-need-to-know-gas-in-winter-2026-27
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight winter LNG supply and slower European storage refilling point to firm gas prices, with knock-on effects for fertiliser production costs. Fuel switching is limiting demand growth in some markets.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-07-03 | [Gas traders fear US winter price spike - Energy Risk](https://feedsoft.ai/events/64222-gas-traders-fear-us-winter-price-spike-energy-risk.md) | -1.3% | -2.8% |
| NATGAS | 2021-01-04 | [Gas Line, Q4 2020](https://feedsoft.ai/events/49340-gas-line-q4-2020.md) | +11.0% | +16.3% |
| NATGAS | 2021-09-23 | [On the cusp of Europe's winter season, gas storage hits 10-yr low](https://feedsoft.ai/events/7928-on-the-cusp-of-europe-s-winter-season-gas-storage-hits-10-yr-low.md) | +15.2% | +3.2% |
| NATGAS | 2026-10-28 | [European natural gas prices soar: What it means for your winter bills](https://feedsoft.ai/events/625-european-natural-gas-prices-soar-what-it-means-for-your-winter-bills.md) | +0.7% | — |
| NATGAS | 2021-08-26 | [Asian gas importers brace for steep winter LNG prices \| S&P Global](https://feedsoft.ai/events/45734-asian-gas-importers-brace-for-steep-winter-lng-prices-s-and-p-global.md) | +14.4% | +25.1% |

## Sources

- worldports.org: https://www.worldports.org/need-to-know-gas-in-winter-2026-27/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.